JAIPUR, India, Sept. 19, 2025 -- In a continuous endeavour to foster transparency and accountability, and in continuation of the earlier press release regarding the revenue figures, RMC Switchgears Limited (BSE: RMC) is pleased to voluntarily disclose its Profit Before Tax (PBT) for the first quarter of FY2025–26.
For the quarter ended June 30, 2025, RMC posted a consolidated PBT of ₹12.44 crore, representing a significant year-on-year increase in line with its strong revenue growth trajectory. The Company had earlier reported consolidated revenues of ₹86.14 crore for Q1, marking a rise of over 165% from the ₹34.04 crore achieved in the same quarter last year.
The PBT growth during the quarter was underpinned by multiple strategic and operational factors:
- Strong order execution across diversified verticals – The Company delivered substantial progress in its Electrical EPC and Electrical Products segments, driven by higher order intake and timely project deliveries. This efficient execution translated into higher revenue recognition and stable operating margins.
- A robust order book providing forward visibility – With confirmed orders exceeding ₹700 crore, RMC entered the quarter with a solid execution pipeline. This included large-scale projects such as a 50 MW rooftop solar initiative in Rajasthan and an underground cabling & RMU project in Gujarat. Such long-duration contracts ensure consistent workload, enabling better resource allocation and operational efficiency, ultimately supporting profitability.
- Strategic investments in backwards integration and renewable manufacturing – The infusion of ₹2.6 crore into its wholly-owned subsidiary, RMC Green Energy Private Limited, strengthened the subsidiary's manufacturing capacity for solar modules. This backwards integration is designed to reduce procurement costs, secure critical supply chains, and improve project margins in the green energy vertical.
Commenting on the development, Mr. Ankit Agrawal, CEO and Whole-Time Director of RMC Switchgears Limited, said: "Our Q1 PBT performance reflects the financial discipline and execution strength of our teams, even as we continue to scale rapidly across multiple infrastructure verticals. With a healthy order pipeline, deepened governance frameworks, and our foray into renewable manufacturing, we are confident of sustaining strong profitability in the coming quarters."
About RMC Switchgears Limited
RMC Switchgears is a prominent player in the electrical infrastructure solutions sector, specialising in the manufacture of electrical enclosures designed to prevent electrical theft and enhance safety by reducing the risk of electrocution. The Company has built a strong reputation in the smart meter enclosure market, actively supporting utilities across India through initiatives such as the Revamped Distribution Sector Scheme (RDSS). RMC's offerings span manufacturing, installation, and Operations & Maintenance (O&M), making it a reliable partner for AMISPs, utilities, and state entities as India modernises its power distribution networks. Additionally, RMC is positioning itself to participate in the ₹9 trillion investments planned by the Government of India for the transmission sector through its EPC model.
RMC's foray into renewable energy is a natural progression. The company is contributing to India's clean energy goals by leveraging its expertise in electrical infrastructure. The Company is expanding into solar EPC, green energy projects, and IPP solutions. RMC is also pursuing backward integration with a proposed 1 GW solar module manufacturing plant to strengthen its position in the sector, aligning with India's vision to reduce import dependencies and promote local manufacturing.
Complementing its legacy business, RMC is also advancing into water management infrastructure by integrating advanced technologies like IoT. Through high-value, customised solutions for DISCOMs, RMC continues to enhance efficiency, reduce losses, and support India's power security objectives, reinforcing its role as a key contributor to the nation's sustainable infrastructure development.
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